Ideas from books, articles & podcasts.
A bet is a decision about an uncertain future. Thus, most of the decisions in your life – switching jobs, choosing a partner, selecting your field of study, not doing something – are bets.
They’re choices that you make in the face of an uncertain future.
MORE IDEAS FROM THE SAME BOOK
Even when people experience the same event at the same time, if you ask them about it, you will often get two very different accounts about what happened.
It is important to have a go-to group of people with a common interest in thinking in bets.
Life is not like chess. Chess contains no hidden information and very little luck.
People are better at recognizing biased reasoning in others but are blind to bias in themselves.
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